Over half of my units are priced so that a they are affordable to "low-income" renters and over half are one bedroom units which probably is part of the reason why I've seen a relatively high application rate.

It's not that much $$$, but it will give you great insights into the health and condition of your drain lines - if you needed to replace your lines (either under a concrete slab or pier/beam foundation), it will take a good amount of money to get them repaired.

I am a principal in a small family business that owns GP interest in 800+ affordable units (tax credit financed) in CA, AZ, NV operating for 15+ years.

Good job prospects, standard of living and affordability to name a few. 

California Apartment Association is pretty good and affordable especially considering the information you receive.

Maybe find a partner to flip a house with, do and manage the work yourself, save up more cash so you can afford a bigger down payment and no PMI on the next place.

So, can you really afford opt2? 

It was quite affordable and got me through all that was needed.

Warren Buffet can afford to buy so many stocks in a company that he can win a seat on the board.

Also added back are personal expenses paid by the company - health and life insurance, 401K, that "business meeting" you had in Hawaii, non-working family members on the payroll, etc.These combine to create a number called SDE, or Seller's Discretionary Earnings.